MAT- 115JB.
This query is : Resolved
11 May 2008
Hi!
I would like to know the new provisions of MAT and whats the rate for MAT ie for Assessment year :2008-2009
I would like to know the new provisions of MAT and whats the rate for MAT ie for Assessment year :2008-2009
12 May 2008
the present rate of MAT U/s 115 JB is 10% plus SC n EC and effective rate would be 11.33%. Major change in MAT computation is that DTL if debited to P&L is to be added back to book profits and vice versa in respect of DTA. This is with retrospective effect from 2001-2002.Similarly Dividend tax and interest of IT to be added back of vice versa retrospectively.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Unanswered Queries
- ITR 2 Short Term gain & Long term gain
- Off Market debit and credit transaction
- Itr 1 processing
- Reporting Income under Section 44ADA
- ITR validation error - Balance sheet is not filled
- ITR 1: Details for showing Exempt Income
- ITR returnFY25-26
- Short Term Capital gain on shares bought and sold after 2018 onwards
- INCOME TAX ON REDEVELOPEMENT OF FLAT
- Bank Accounts in Balance Sheet for ITR 3
- Opting out" of regime provided under subsection (1A) of Section 115BAC but Form 10IEA is not filed.
- Difference in tax comparison report
- Gst invoice numbering and delivery challan numbering
- Sales amount in Gstr1
- E Commerce GSTR1 & 3B how to file
- GST Cancellation without jurisdiction
- Legal Opinion on Registrar's Refusal to Investigate a Society for Non-Renewal and Non-Compliance
- GST Refund_RFD-01
- Form10BD was uploaded successfully without any Error but after 24 hours, Form10BE are not available
- Annexure B utility for GST Refund
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
